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Gold Measurements: What Do the Terms “Karat” & “Troy Ounce” Actually Mean?

27 Dec 2017 by Lorimer Wilson, munknee.com: What’s the difference between 1 troy ounce of gold and 1 (regular) ounce? What’s theMultiple-forms-of-gold-bullion difference between 18 and 10 karat gold? What’s the difference between a .75 and a 1.0 carat diamond? Let me explain. Definition of “Karat” The term “karat” is used to describe the unit

Gold Measurements: What Do the Terms “Karat” & “Troy Ounce” Actually Mean? Read More »

The cash that isn’t worth the paper it’s printed on: Venezuelan shops take to WEIGHING money as it takes too long to count due to hyperinflation

26 Nov 2016 by David Burke, Daily Mail: Currency the bolivar has devalued so much that traders have given up counting it The government has commissioned 20,000 bolivar notes to keep up with the rate of inflation – the highest bank note in circulation is 100 bolivars Baker Bremmer Rodrigues said he feels like Pablo

The cash that isn’t worth the paper it’s printed on: Venezuelan shops take to WEIGHING money as it takes too long to count due to hyperinflation Read More »

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